Amethystum Storage Technology Co.,Ltd. Posted 101.6 Million Yuan Net Loss in First Quarter of 2022

Amethystum Storage Technology Co.,Ltd. (广东紫晶信息存储技术股份有限公司) (688086.SH) reported a net loss of 101.6 million yuan in the first quarter of 2022, reversing a net profit of 9.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 92.2 million yuan in revenue, up 7.3% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 43.2%.